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432 DELAWARE ROAD
About This Property
Step inside to find fresh paint throughout and newly refinished hardwood floors that shine across the main level. The spacious kitchen is a chef's dream with granite countertops, stainless steel appliances-including a brand new gas stove, microwave, and refrigerator-plus a large island and sunny breakfast room. Just off the kitchen, the cozy family room features a gas fireplace for relaxing evenings at home.
A separate dining room provides the perfect setting for hosting family and friends.
Upstairs, the primary suite offers dual walk-in closets and a luxurious en-suite bathroom with a soaking tub, separate shower, and double sinks. Down the hall are three generously sized bedrooms and a second full bath.
The fully finished basement adds incredible value with a fifth bedroom, third full bath, and a large rec room-perfect for guests, hobbies, or entertaining.
Outside, enjoy the fully fenced backyard complete with a beautiful stone patio-ideal for grilling or quiet evenings outdoors.
All the work has been done-just move in and enjoy! Conveniently located close to shops, dining, and all that downtown Frederick has to offer.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 28, 2025 | Sold | ||
| Sold | |||
| Sep 24, 2025 | In contract | - | |
| In contract | |||
| Sep 21, 2025 | Price Decreased |
$560,000
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Aug 29, 2025 | Price Decreased |
$570,000
↓ $15K
(2.6%) | |
| Price Decreased | |||
| Aug 24, 2025 | Price Decreased |
$585,000
↓ $15K
(2.5%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017